Nirmala Sitharaman's COVID-19 package invites social criticism, but she may have more cards up her sleeves
Nirmala Sitharaman's advisers have been speaking of why fiscal prudence is important to avoid India being downgraded from investment grade by global credit rating agencies
Market regulator SEBI has said that entities providing capital and debt market services will continue to remain operational during the nationwide lockdown which has been extended for another two weeks contain the spread of COVID-19
SEBI said a differentiation in treatment of default, on a case to case basis, needs to be made as to whether such default occurred solely due to the lockdown or loan moratorium.
Amid concerns over banks citing 'client confidentiality' to resist sharing of information on delayed loan repayments and possible defaults by their borrowers, capital market regulator SEBI on Wednesday announced new norms to make it mandatory for companies to provide these details to credit rating agencies
With an aim to further safeguard investors' interests and to take defaulters to the task, capital market regulator SEBI is planning to unveil a slew of reforms, including for greater checks on credit rating agencies and for rewarding informants in insider trading cases with up to Rs 1 crore reward
In the shadows of a debt crisis: A closer look at how IL&FS episode unfolded and impacted the larger economy
IL&FS has not just failed to bring private capital into the infrastructure sector but has used public assets to create opportunities for itself
Credit rating agencies have come under the scanner for failing to flag potential credit risks of the securities and entities rated by them
SEBI needs more funds, not less; govt move to suck out regulator funds comes amid a corporate governance crisis
The Finance Ministry's Budget proposal to suck out to the Centre's kitty a quarter of SEBI's surplus every year is against the grain because what India needs badly now is a culture of progressive corporate governance, on which SEBI has barely scratched the surface
Govt set to provide financial assistance to minority investors for class action lawsuits, rules to be notified soon
The concept of the class action suit, that provides an option for investors to seek remedy as a group, is well known in Western countries.
Previously, SEBI was not in favor of allowing mutual funds to side-pocket or segregate their bad units.
Auditors one of the weakest links in corporate governance, situation leads to serious issues for listed cos, says Uday Kotak
Kotak said the issue in the profession stems from a potential "conflict of interest" where an association of accountants, ICAI also acts as the sector regulator.
Tyagi noted that a vibrant capital market, both equity and bond, has to play a pivotal role to facilitate fund mobilisation for sustaining the country's projected economic growth momentum
Sebi chairman Ajay Tyagi says framework for 'on-tap' bonds to be issued soon; supply of corporate bonds likely to more than double
Tyagi said there is an opportunity for development of bond markets in the present NPA crisis
SEBI cracks whip on corporates’ reluctance to issue bonds, but will it work unless the RBI too acts in tandem?
The bond market is unforgiving unlike banks in the pre-IBC era, especially public sector banks (PSBs) that have shown monumental patience with defaulters all these years until the IBC came along.
Credit rating agencies made their advent to aid small investors and others who do not have the wherewithal to carry out their own credit risk assessment.
Moody's said the recent negative trends were unlikely to become permanent or even medium-term features of the Indian economy.
Fitch has cut Greece's credit rating from B- to CCC, citing the "heightened risk" that Greece could leave the euro zone.
Reports earlier said that post S&P's downgrades, Moody's affirmed India rating at BAA3 and said outlook was stable.<br /><br />